Eagle Strategies LLC Has $645,000 Stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Eagle Strategies LLC lowered its stake in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 59.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 30,527 shares of the company’s stock after selling 44,947 shares during the period. Eagle Strategies LLC’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $645,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in PEY. Eudaimonia Advisors LLC boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 3.6% in the 3rd quarter. Eudaimonia Advisors LLC now owns 15,465 shares of the company’s stock worth $297,000 after buying an additional 544 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 25.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 3,127 shares of the company’s stock worth $66,000 after buying an additional 625 shares during the last quarter. Beacon Pointe Advisors LLC boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.0% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 64,553 shares of the company’s stock worth $1,241,000 after buying an additional 653 shares during the last quarter. City State Bank boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 6.5% in the 3rd quarter. City State Bank now owns 16,300 shares of the company’s stock worth $313,000 after buying an additional 1,000 shares during the last quarter. Finally, Equitable Holdings Inc. boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.4% in the 1st quarter. Equitable Holdings Inc. now owns 72,940 shares of the company’s stock worth $1,592,000 after buying an additional 1,006 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

Shares of NASDAQ PEY traded down $0.58 during midday trading on Wednesday, reaching $19.86. The company’s stock had a trading volume of 328,693 shares, compared to its average volume of 370,758. Invesco High Yield Equity Dividend Achievers ETF has a 12-month low of $17.94 and a 12-month high of $21.50. The firm has a 50 day moving average price of $19.98 and a 200-day moving average price of $19.82. The stock has a market capitalization of $1.19 billion, a P/E ratio of 12.49 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.077 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.65%. The ex-dividend date of this dividend was Monday, March 18th. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.05.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.